NEVADA

Corporate Haven of the West

Each year close to 40,000 individuals and companies incorporate in Nevada, which has established itself as the “Corporate Haven of the West”. Following are many reasons why you should incorporate in Nevada.

• NO STATE INCOME TAX
• NEVADA IS NOW THE ONLY STATE IN THE U.S. THAT HAS A CHARGING ORDER PROVISION FOR CLOSELY HELD CORPORATIONS. THIS MEANS MORE PROTECTION FOR THE SHAREHOLDERS.
• CORPORATE OFFICERS AND DIRECTORS CAN BE PROTECTED FROM PERSONAL LIABILITY FOR LAWFUL ACTS OF THE CORPORATION
• ONE PERSON CAN RUN THE CORPORATION
• THE STOCKHOLDERS ARE NOT A MATTER OF PUBLIC RECORD
• NO FRANCHISE TAX
• NO PERSONAL OR CORPORATE TAX
• NO TAX ON CORPORATE SHARES
• THERE IS ESTABLISHED CASE LAW THAT PREVENTS EASY PIERCING OF THE CORPORATE VEIL
• OFFICERS, DIRECTORS AND STOCKHOLDERS DON’T NEED TO LIVE IN NEVADA. NOR DO THEY HAVE TO BE U.S. CITIZENS
• ONLY THE NAMES OF THE OFFICERS, DIRECTORS AND RESIDENT AGENT ARE A MATTER OF PUBLIC RECORD
• THERE ARE MINIMAL REPORTING AND DISCLOSURE REQUIREMENTS
• NO MINIMUM CAPITAL REQUIREMENT TO START CORPORATION
• NEVADA CORPORATIONS MAY ISSUE STOCK FOR SERVICES, PERSONAL PROPERTY, REAL ESTATE OR CAPITAL, WHICH MAY BE DETERMINED ONLY BY THE BOARD OF DIRECTORS
• NOMINAL ANNUAL FEES

With these benefits it is no wonder that properly structured Nevada Corporations are utilized by thousands of large companies and savvy entrepreneurs.

There is no other state that compares when it comes to protection and privacy.